Airbnb’s Blockbuster IPO May Tempt Barry Diller to Spin Off Vrbo From Expedia 🔒

Skift Take: One plus one can equal three sometimes when it comes to spinoffs, especially during the current era where there appears to be an IPO and valuation bubble. Expedia Group seems to be resisting an impulse to spin off Vrbo, let alone Egencia, for now, but the pressure could be substantial.

— Dennis Schaal

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